BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.70 per $10,000 · paid last 24h +0.003%

Price spread now: Bitget against KuCoin−1.007%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$580.582% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$7 on $10k

Price spread, last 7 days+0.971%+$97 · spread now −1.007%, 7d avg −0.040%

Together, before fees+0.906%+$91 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.967% cheaper against KuCoin than usual: you would sell low and buy high (−$97 if the spread goes back to its 7-day average of −0.040%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BCHUSDTM	269.06	0.0100	pay 0.0100% / 8h	28m 50s	$9.2M	$7.7M	75x
Short	Bitget BCHUSDT	266.35	0.0030	get 0.0030% / 8h	28m 50s	$19.0M	$29.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now −1.007%Rate

Funding earned: −$14.7
Price spread: −1.007% → −0.040%: −$96.7
Slippage, 4 orders: −$34.21
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$169.61
Costs to cover: 0.582%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 4 min ago	1.12 bp	18.7 bp −$19	68.6 bp −$686	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	0.19 bp	13.6 bp −$14	21.7 bp −$217	58.0 bp −$5,799	doesn't fit

BCH on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit BCH_USDC-PERPETUAL	−0.0281%	1h	269.02	−0.015%	$454K	$266K	25x	as long as short
Phemex BCHUSDT	−0.0147%	8h	269.05	−0.004%	$4.9M	$6.4M	50x	as long as short
Variational Omni BCH	−0.0142%	8h	268.92	−0.052%	$82K	$294K	—	as long as short
SoDEX BCH-USD	−0.0137%	1h	268.91	−0.056%	$2K	$6K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0125%	1h	269.22	+0.059%	$829K	$3.1M	50x	as long as short
Bybit BCHUSDT	−0.0091%	8h	267.60	−0.543%	$39.2M	$32.6M	75x	as long as short
Injective BCH/USDC PERP	−0.0054%	1h	270.20	+0.424%	$721	$130K	12x	as long as short
Coinbase International BCH-PERP-INTX	−0.0032%	1h	268.97	−0.033%	$233K	$2.0M	50x	as long as short
MEXC BCH_USDT	−0.0018%	8h	269.42	+0.134%	$70.5M	$6.7M	200x	as long as short
Binance BCHUSDT	−0.0017%	8h	266.82	−0.832%	$73.8M	$232.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0016%	1h	268.90	−0.059%	$116K	$652K	25x	as long as short
dYdX BCH-USD	0.0000%	1h	269.01	−0.018%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	269.08	+0.007%	$1.3M	$11.5M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.95	−0.039%	$4K	—	150x	as long as short
Gate BCH_USDT	+0.0008%	8h	268.96	−0.037%	$8.4M	$14.5M	75x	as long as short
Orderly PERP_BCH_USDC	+0.0028%	8h	268.94	−0.045%	$2K	$176	10x	as long as short
Bitget BCHUSDTshort	+0.0030%	8h	266.35	−1.007%	$19.0M	$29.5M	75x
GRVT BCH_USDT_Perp	+0.0032%	8h	269.11	+0.018%	$392K	$17K	10x	as long as short
OKX BCH-USDT-SWAP	+0.0039%	8h	267.60	−0.543%	$26.3M	$77.5M	50x	as long as short
BingX BCH-USDT	+0.0040%	8h	267.69	−0.509%	—	$31.0M	—	as long as short
Lighter BCH	+0.0096%	1h	266.73	−0.867%	$368K	$557K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	268.67	−0.146%	$444K	$426K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	267.68	−0.513%	$6.0M	$4.4M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	267.83	−0.457%	$213K	$676K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.92	−0.052%	$163K	$440K	10x	as long as short
KuCoin BCHUSDTMlong	+0.0100%	8h	269.06	long leg	$9.2M	$7.7M	75x
edgeX BCHUSDC	+0.0100%	4h	268.75	−0.116%	$19K	$291K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	268.81	−0.093%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	268.71	−0.130%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	268.63	−0.160%	$776K	$1.6M	75x	as long as short
BloFin BCH-USDT	+0.0102%	8h	268.83	−0.085%	$4.0M	$4.2M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0334% / S −0.0340%	1h	268.96	−0.037%	$27K	—	100x	as long as short